NOT LISTED FOR SALE

Makahuena at Poipu 1661 Pee Rd Unit I106 Koloa, HI 96756

Estimated Value: $1,987,000 - $2,971,000

2 Beds
3 Baths
2,838 Sq Ft
$911/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $2,350,000 $828 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $18,408/month

245 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • Waterfront
  • Koloa Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of April 2022

Best Buy in Poipu! Stunning panoramic coastal view beach cottage has been completely remodeled with designer furnishings which are included. Spectacular views from every window provide upfront sightings of whales, dolphins, and turtles. This tastefully remodeled home is a “must see” if you are looking for a view property. This is a one-of-a-kind home. The home features a private pool next to the ocean, a beautiful window-surrounded living room, two spacious bedrooms, a large family room off the pool with a tiki bar for entertaining, gourmet kitchen to delight the cooks, a separate laundry room and a multi-purpose bonus room.

Makahuena Resort amenities include a large pool and spa, tennis court, outdoor kitchen and barbecue area. Easy stroll to fine dining, shops and swimming beaches including Poipu Beach and Shipwreck Beach. Square footage may be more than stated here and is to be determined.

Last Agent to Sell the Property

Val Pilaria

Aloha Kauai Properties Brokerage Phone: 8086517064 License #RB-17288 Listed on: 04/07/2021

Last Buyer's Agent

Dani Dooley

Coldwell Banker Island Properties - Kauai License #RB-24052

Coldwell Banker Island Properties - Kauai

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,035

Year Built

  • Built in 1963

Lot Details

  • Waterfront
  • Grass Covered Lot
  • Property is zoned R-20

HOA Fees

  • $2,239 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 2,838 Sq Ft Home
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Tennis Courts

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Makahuena Community
  • Weliweli Heights Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4280200030078

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,035

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2,239 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Grassy
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WELIWELI HEIGHTS
  • Living Area: 2838.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1963
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: No Unit Above or Below, Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Flooring: Carpet, Ceramic Tile, Hardwood

Exterior Features

  • View: Coastline, Ocean, Sunrise, Sunset
  • Pool Features: Gunite, In Ground, Outdoor Pool
  • Waterfront: Yes
  • Exterior Features: Tennis Court(s)
  • Roads: None

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2239.34
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: MAKAHUENA

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4280200030078

Tax Info

  • Tax Annual Amount: 25035.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Mar 31, 2022
Sold by
Lois Drake Living Trust
Bought by
Reo Legacy Trust
Seller's Agent
Val Pilaria
Aloha Kauai Properties
Buyer's Agent
Dani Dooley
Coldwell Banker Island Properties - Kauai
List Price
$3,395,000
Sold Price
$2,350,000
Premium/Discount to List
-$1,045,000
-30.78%
Current Estimated Value
$2,585,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,581
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Drake Lois Elizabeth
Bought by
Drake Lois and The Lois Drake Living Trust

Purchase Details

Closed on
Mar 31, 2015
Sold by
Drake Lois Elizabeth
Bought by
Pave The Way Llc

Purchase Details

Closed on
Jun 6, 2013
Sold by
Drake Lois
Bought by
Pace The Way Llc

Purchase Details

Closed on
Sep 4, 2012
Sold by
Benecorp Llc
Bought by
Drake Lois E

Purchase Details

Closed on
Mar 31, 2008
Sold by
Drake Stephen
Bought by
Benecorp Llc

Purchase Details

Closed on
Oct 4, 2006
Sold by
Benecorp Llc
Bought by
Drake Stephen

Purchase Details

Closed on
Apr 7, 2005
Sold by
Leebron Clay James and Leebron Clay Andrea
Bought by
Benecorp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2004
Sold by
Livin Lappert Michael Andrew
Bought by
Leebron Clay James and Leebron Clay Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2000
Sold by
Lappert Walter
Bought by
Livin Lappert Walter and Walter Lappert Revocable Living Trust

Purchase Details

Closed on
Nov 19, 1998
Sold by
Coons Jacqueline and Godachy Julius
Bought by
Lappert Walter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reo Legacy Trust $2,350,000 Title Guaranty & Escrow Servic
Drake Lois -- Attorney
Pave The Way Llc -- None Available
Pace The Way Llc $1,000 Accommodation
Drake Lois E -- Accommodation
Benecorp Llc $666 Tg
Drake Stephen $1,000 Accommodation
Benecorp Llc $2,250,000 Tg
Leebron Clay James $1,650,000 --
Livin Lappert Walter -- --
Lappert Walter $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benecorp Llc $1,000,000
Previous Owner Leebron Clay James $1,155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2024 10/12/24 Off Market $2,350,000 -- --
07/25/2022 07/25/22 Off Market $2,350,000 -- --
04/18/2022 04/18/22 Sold $2,350,000 -30.8% $828 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $3,395,000 -- $1,196 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,987 $2,406,500 -- $2,406,500
2024 $30,987 $2,669,000 -- $2,669,000
2023 $26,997 $2,740,800 $0 $2,740,800
2022 $7,163 $727,200 $0 $0
2021 $26,389 $2,679,100 $0 $0
2020 $26,415 $2,681,700 $0 $2,681,700
2019 $26,415 $2,401,600 $0 $2,401,600
2018 $8,866 $2,344,400 $0 $2,344,400
2017 $8,866 $1,196,800 $0 $1,196,800
2016 $7,056 $1,156,700 $0 $1,156,700
2015 $1,798 $1,359,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 648884

Hawaii Information Service (MLS Hawaii)

APN: 4-2-8-020-003-0078